In a Business Class,40% of the Students Have Never Taken

question 67

Multiple Choice

In a business class,40% of the students have never taken a statistics class,15% have taken only one semester of statistics,and the rest have taken two or more semesters of statistics.The professor randomly assigns students to groups of three to work on a project for the course.What is the probability that the first group mate you meet has studied two or more semesters of statistics?

• A)0.55
• B)0.85
• C)0.15
• D)0.45
• E)0.60

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Definitions:

Account Balance

The amount of money in a financial repository at any given time, which can be a positive or negative value.

Chart of Accounts

An organized list of all the financial accounts in a company's accounting system.

Cash Account

An account that records all transactions involving cash inflows and outflows, including receipts, disbursements, and balances.

Debited

An accounting entry that increases an asset or expense account, or decreases a liability or equity account.